When running at a loss think the term "running on the smell of an oily rag" can be applicable.
Money wise things could be even tighter next year as there wont be the money from player sales to top up what we arnt getting from the APL.
The team could help greatly by playing well which in turn would help hopefully with bums on seats at 2 Home Derbys, Waitangi Day and the game in Christchurch.
Then hopefully Paulsen,Old and Surman can trigger some of the bonus clauses in their sales to bring in a bit more.
Money wise things could be even tighter next year as there wont be the money from player sales to top up what we arnt getting from the APL.
The team could help greatly by playing well which in turn would help hopefully with bums on seats at 2 Home Derbys, Waitangi Day and the game in Christchurch.
Then hopefully Paulsen,Old and Surman can trigger some of the bonus clauses in their sales to bring in a bit more.
But all the ALM clubs trade at a loss. Including AFC.
It all comes down to how wealthy your owners, and/or how prepared they are to throw money at a dud "investment" like an Australasian football club.
Obviously investing in sports teams (and stadium infrastructure) is something Bill Foley clearly enjoys. Almost accidental Nix principal owner Rob Morrison far less so.
FYI - just googled the Bakrie Group (Roar's owners). In 2007, Forbes Asia put the Bakrie family’s net worth at US$5.4 billion, making it Indonesia’s richest at that time. Last year, the Bakries didn’t even figure in the magazine’s Top 50 Indonesian businessmen. Their wealth was hammered by the GFC. Might explain why they are so tight to spend anything on the Roar.
To be fair, I do not think Bakrie Group ever spent much on the Roar. Which is a shame, considering what a good club with great history it was/is. Oh, the days of Roarcelona, when Ange was in charge, and Thomas Broich was their most sublime player.